What is arbitrate definition?

Arbitrate is a legal term that refers to the process of resolving disputes between two or more parties by using an impartial third-party or mediator who is authorized to make a binding decision or judgment on the matter. In an arbitration process, the parties involved in the dispute agree to submit their case to an arbitrator who will hear the arguments and evidence presented by both parties and make a final decision.

Arbitration can be conducted in a formal or informal setting, and the arbitrator's decision is usually final and binding, meaning that the parties cannot appeal the decision. Generally, arbitration clauses are included in contracts as a means of avoiding costly and time-consuming court cases.

The role of the arbitrator is to be impartial and objective, and to analyze the arguments and evidence presented by both parties in order to reach a fair and just decision. Arbitration is commonly used in commercial and labor disputes, as well as in international transactions and disputes.

Overall, arbitrate is a process of resolving disputes in a private, confidential, and efficient manner through the intervention of an authorized third-party who will make a decision on the matter.